At the end of September, a 15-year-old VLCC was valued above a newbuilding for the first time at USD 139.2 mil for 310,000 DWT, compared to USD 138.7 mil for newbuilding vessels. The move is part of a wider inversion of the age curve; a five-year-old V…
Secondhand VLCCs Now Valued Above Newbuildings Read More »
Average spot rates continue retreat to lowest level since 2 October
Koch wins Brazil VLCC rate bounce as Heidmar scores $57m Red Sea fixture Read More »
Ministry of Defence says port infrastructure also hit as well as vessels delivering ‘military cargoes’
ZF Aftermarket has officially launched ZF [pro]Tech plus in Mexico, expanding access to advanced technical training and expert support for independent workshops. The program equips technicians with practical knowledge across transmissions, hybrid and h…
ZF [pro]Tech plus Launched in Mexico Read More »
Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the third quarter ending September 30, 2026, with a net profit of USD$355 million (QAR 1.29 billion) compared to USD$360 million (QAR 1.31 billion)…
Nakilat Brings In $355m Net Profit for Q3 2026 Read More »